bay area

Median apartment rental price by county (in & near Silicon Valley)

$2500 money blockThis week, the San Jose Mercury News ran an article with a starling statistic: the median list price of 2 bedroom apartments in and near Silicon Valley.  Here’s a look at the numbers:

  • San Mateo County $2884
  • Santa Clara County $2552
  • The San Francisco Bay Area as a whole (all 9 counties) $2451
  • Alameda County $2172
  • Contra Costa County $1825

These numbers are the median for the whole county in question – so in Santa Clara County, it will be a lot more if you are in Cupertino or Palo Alto or Los Gatos as opposed to the Alum Rock area of San Jose or Morgan Hill or Gilroy.

Houses are worse still.  Small homes may be found for $2500 to $3000 in many areas.  Places with better schools may run $4000 to $6000 per month for a home with better schools.  Want the best? It’s likely to be $7000 – $8000 for a good sized, comfortable (do not read “elegant”) house with better schools – or more.

Update on August 25: I’m hearing that 1 bedroom apartments in Cupertino are running at around $2300 per month and a 2 bedroom at around $3000 per month.

 

Read the article in the Merc:
Bay Area rental crisis squeezing out middle class

Mary Pope-Handy
Realtor,
CIPS, CRS, ABR, SRES
Sereno Group
214 Los Gatos-Saratoga Rd.
Los Gatos CA 95030
[Silicon Valley, California, USA]
1-408-204-7673
mary (at) popehandy.com
CA BRE # 01153805

CIPS - Certified International Property Specialist
CRS - Certified Residential Specialist
ABR - Accredited Buyer Representative
SRES - Seniors Real Estate Specialist

Helping nice folks to buy and sell homes in Silicon Valley since 1993. Mary Pope-Handy, Realtor, Silicon Valley
Mary’s Other Sites


popehandy.com
Silicon Valley Real Estate: San Mateo, Santa Clara, Santa Cruz Counties, and especially
Los Gatos real estate

ValleyOfHeartsDelight.com
Santa Clara County Real Estate


SanJoseRealEstate
LosGatosHomes.com

Real estate in Santa Clara County, focused on west side communities of San Jose, Los Gatos, Saratoga, Campbell & nearby

Live in Los Gatos blog
Los Gatos neighborhoods, real estate, events, history, parks, businesses & more

Connect with Mary
Follow Mary on FacebookFollow Mary on TwitterFollow Mary on TwitterFollow Mary on YouTube

Please find many more icons for connecting socially at the very bottom of this page.

Listings by Price Range
Below please find a list of SOME of the popular Silicon Valley areas with listings offered by price range. This is not a complete list! Please use the "search" app to find ALL properties on the MLS.
Trends & Statistics

Click the link below to get real estate data for Santa Clara County, San Mateo County, and Santa Cruz County (together making up about 98% of "Silicon Valley").

Real Estate Market Statistics and Trends for Santa Clara County


Comps near any address in Santa Clara County
Listings and Sales Near Any Address in Santa Clara County

Site Statistics
  • Users online: 0 
  • Visitors today : 546
  • Page views today : 581